Reuters
Friday February 8 2008
(Updates U.S. markets with closing figures)
By Leslie Adler
NEW YORK, Feb 8 (Reuters) - The broader U.S. stock market fell on Friday as renewed worries about the credit market sparked a wave of selling in financial shares, but a rally in beaten-down technology shares led the Nasdaq higher.
The credit market fears drove safe-haven buying of U.S. government bonds, while the Dow Jones industrial average ended its worst week in nearly five years.
Concerns about the precarious state of the U.S. economy, highlighted by remarks late on Thursday by a Federal Reserve official who said she was "not confident" a recession could be avoided this year, added to the rally in U.S. Treasury debt prices, which recovered from their worst rout in four years. http://www.guardian.co.uk/feedarticle?id=7294492
American Chamber of Commerce head Robert Agee says that sanctions against
Russia do not work; COGwriter warned that they would not stop annexation of
parts of Ukraine
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Map showing areas annexed by Russia from Ukraine (Public domain via
Wikipedia) COGwriter RT reported the following: Sanctions on Russia don’t
work – US b...
6 hours ago
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